It appears there is something is wrong with the chart. When I look at the cost on Mycelium it tells me the normal cost is $13.70 with a transfer time of approximately 10 minutes.
RE: Average cost of Bitcoin Transaction : 119 USD$
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Average cost of Bitcoin Transaction : 119 USD$
When I go here https://live.blockcypher.com/btc/ it says the last block had a total fee of 3.6 Btc with 2877 transactions. 3.6/2877 = .001251303Btc
At $17320/Btc = .001251303 * 17320 = 21.67
Or at this time 21.67 for a transaction (High but not anywhere near $119)
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That's a great observation! I'll have to look into it. Thanks for sharing
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